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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Long-Term Uptrend (+90) - SEKBRL is in a strong uptrend that is likely to continue. While SEKBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SEKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKBRL
The long-term trend has been UP since May 28th, 2024 at 0.49026767
The intermediate-term trend has been UP since Jul 25th, 2024 at 0.53808171
The short-term trend has been UP since Jul 25th, 2024 at 0.52576991
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52175030 | 0.52742308 | 0.52023103 | 0.52300195 | +0.00125200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.52175030 | 2024-07-26 17:04:20 |